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The Economic Ethics Research of Listed Company's Unfair Related Party Transactions

NIU Wen-hao(College of Marxism Education,NanKai University,Tianjin 300071,China)  
Chinese listed company's unfair related party transactions will have negative effects in company's independent capability、benefactor's benefit、normal market order and public investment idea.Stockholder disorder the duty and benefit view,which will let company's independent capability down,governmental department's confusion of duty and benefit view will interrupt normal order of market,it makes unfair related party transactions come true from inside and outside,which is the source of stockholder's equality separation.The value conflict between stockholders and none-stock holder is the inner reason;government's value of meddling market is the outer reason.Therefore,only improve stockholders' and governments' economic ethics,and build up regulation which takes the regulation of company's administration and governmental supervision as representative,can really illuminate stockholder's equality separation and change unfair related party transactions further,and make sustainable development come true.
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